US equity markets rallied strongly overnight with the Dow, S&P five hundred, and Nasdaq posting gains between zero point three to zero point nine percent, driven by optimism surrounding the upcoming Trump-Xi summit scheduled for October thirtieth and a surge in tech stocks. Indian ADRs showed mixed performance with Infosys up zero point three four percent and Roadzen surging eleven point two nine percent, while banking ADRs faced pressure with ICICI Bank and HDFC Bank declining around two percent each. Gift Nifty is currently trading around twenty-six thousand forty, indicating a positive opening of approximately one hundred points from yesterday's Nifty close of twenty-five thousand eight hundred ninety-one, suggesting Indian markets will extend their winning streak to a seventh consecutive session. Asian markets are trading higher this morning following Wall Street's lead, with improved risk sentiment on trade deal hopes. Crude oil prices surged over five percent to around sixty-two dollars per barrel for WTI following fresh US sanctions on Russia's major oil producers Rosneft and Lukoil, while gold prices rose over one percent to one hundred twenty-four thousand rupees per ten grams on safe-haven demand. On the domestic front, IT stocks remain in focus after yesterday's two percent rally led by Infosys, HCL Tech, and TCS on optimism around a potential India-US trade deal that could reduce tariffs from fifty percent to fifteen to sixteen percent. Technically, Nifty faces immediate resistance at twenty-five thousand nine hundred fifty to twenty-six thousand, with support at twenty-five thousand seven hundred eighty, while Bank Nifty, which hit a fresh record high yesterday at fifty-eight thousand five hundred fifty-five, has support at fifty-seven thousand nine hundred.